Bus. & Prof. Code, § 10245 · Article 7. Real Property Loans
Bus. & Prof. Code, § 10245
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The provisions of this article, exclusive of the provisions of Sections 10240, 10240.3, 10242.5, and 10242.6, do not apply to any bona fide loan secured directly or collaterally by a first trust deed, the principal of which is thirty thousand dollars ($30,000) or more, or to any bona fide loan secured directly or collaterally by any lien junior thereto, the principal of which is twenty thousand dollars ($20,000) or more.
Notes and commentary — not statutory text
History
Amended by Stats. 2007, Ch. 301, Sec. 4. Effective January 1, 2008.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=BPC§ionNum=10245.
- Text hash
- sha256 35abe390a05f33dede09349fba582762d35a1bc64a9b5a4a151f10d5a781ce2b
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business and Professions Code
- Bus. & Prof. Code, § 10240Printed as Sections 10240, 10240.3, 10242.5, and 10242.6
- Bus. & Prof. Code, § 10240.3Printed as Sections 10240, 10240.3, 10242.5, and 10242.6
- Bus. & Prof. Code, § 10242.5Printed as Sections 10240, 10240.3, 10242.5, and 10242.6
- Bus. & Prof. Code, § 10242.6Printed as Sections 10240, 10240.3, 10242.5, and 10242.6
Cited by 4 provisions
Provisions in this library whose text cites Bus. & Prof. Code, § 10245. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.